Rystad Energy: Coal prices soar to 200 year high

Rystad Energy: Coal prices soar to 200 year high

Coal prices are soaring, hitting US$462/t on 10 March, up from US$186/t on 23 February and likely to pass US$500/t this year, Rystad Energy research suggests. While most of Europe and the wider world have focused on how Russia’s war in Ukraine has impacted oil, gas and, more recently, nickel prices, relatively little has been […]

U.S. coal exports increased 23% between 2020 and 2021

In 2021, coal exports from the United States increased by 23% to 85 million metric short tons (MMst) from 69 MMst in 2020. Steam coal exports increased by 47% to 40 MMst, and metallurgical coal exports increased by 8% to 45 MMst. In 2021, the percentage of domestic coal production that was exported rose to […]

EIA: US coal exports increased 23% between 2020 and 2021

In 2021, coal exports from the United States increased by 23% to 85 million metric short tons (MMst) from 69 MMst in 2020, according to the US Energy Information Administration (EIA). Steam coal exports increased by 47% to 40 MMst, and metallurgical coal exports increased by 8% to 45 MMst. In 2021, the percentage of domestic coal […]

US coal exports increase 23% between 2020 and 2021

According to the US Energy Information Administration (EIA), in 2021, coal exports from the US increased by 23% to 85 million short t from 69 million short t in 2020. Steam coal exports increased by 47% to 40 million short t, and metallurgical coal exports increased by 8% to 45 million short t. In 2021, […]

Ukraine Crisis Could Send Coal Prices To $500

While much has been written about the oil, gas, and nickel price spikes, the current global coal crunch has largely been overlooked. While coal demand had been waning for the last decade, Russia’s market share has increased just as coal becomes a key energy source again. Most of Europe’s best coal has already been extracted, […]

Coal’s on a comeback in energy-desperate Europe

Russia’s invasion of Ukraine has offered coal a European lifeline. Such a prospect would have seemed impossible only a few weeks ago. Before war broke out, European nations were rolling out increasingly ambitious plans to phase out the carbon-intensive fuel even as gas prices rose, power plants were going offline and some countries were exiting […]

Central Appalachia coal production surges to nine-year high: EIA

Central Appalachia weekly coal production surged to the highest level in over nine years, according to data released by the US Energy Information Administration Feb. 24. The increased CAPP output encompasses both met and thermal coal and is due in part to global tension around the Russia/Ukraine situation, S&P Global Platts Analytics Coal & Power […]

US, Canada coking coal exports shift towards Asia

Total US exports rose by 46.2pc year on year in line with higher output, a global recovery in demand and strong demand for US coals in China. Canadian exports grew by a more limited 5.1pc over the same period to 2.19mn t, with major producer Teck expecting its third-quarter sales to be cut by 300,000-500,000t after fire […]

US Coking Coal Exports Partly Recover in 3Q

US third quarter coking coal exports recovered from the second quarter but fell from a year earlier as global demand made a partial recovery from its lowest points. The US exported 9.24mn t of coking coal in the third quarter, a quarterly increase of 13pc but an annual decrease of 21.4pc. September exports recovered from […]

Europe targets US coal in election-year trade staredown

Transatlantic relations could reach a new low next month as the European Union readies tariffs on billions of dollars of American exports aimed at politically important industries for President Donald Trump and his Republican allies in Congress. The EU has asked the World Trade Organization to give it the green light to place levies on $11.2-billion of […]